MF Global collapse raises deep questions about the condition of market regulatory bodies
This is just something I’m throwing out here. It’s an interview by Jim Puplava with former commodities broker Ann Barnhardt who closed up shop after the MF Global collapse. She explains why she closed down, not because of financial difficulties as a result of MF Global, but severe dysfunction of the market that emanates from the regulatory bodies. Her account will likely raise the hair on the back of your neck about what kind of calamity we might be confronting, it did for me.
If there is anyone here who knows something about the commodities futures market, I’d really appreciate a comment.
This is a downloadable MP3. I haven’t found a website link yet; I am still looking. It’s about 20 minutes long, but you don’t have to listen that far to get the meat of what she says.